Histoire d’Or closes, lenders face scalebacks

Bookrunners have been surprised at the demand for debt backing the acquisition and merger of France’s two leading jewellery retailers, Histoire d’Or and Marc Orian, as syndication for the so-called "goldfinger" deal closes this week.

12 Nov 2010

A small number of commitments were delayed by the French bank holiday on Thursday, but bankers said the loans were "comfortably oversubscribed". The size and terms of the loans will not be modified, leaving investors facing scalebacks.